Page 995 - Commodity News
Nickel up 0.1% on firm demand
Prices moved up as speculators enlarged their positions
 "Nickel up 0.1% on firm demand")
Silver futures down 0.3% on global cues
Prices fell as speculators trimmed their positions
 "Silver futures down 0.3% on global cues")
Gold futures down 0.2% on weak global cues
Prices fell as participants reduced their positions
 "Gold futures down 0.2% on weak global cues")
Gold futures down on weak global cues
June contract for gold eased by Rs 56, or 0.19%, to Rs 29,711 per 10 gm in business turnover of 427 lots
 "Gold futures down on weak global cues")
Market pulse for key metals and energy : Mangal Keshav
Gold holdings of SPDR gold trust, the largest ETF backed by the precious metal, declined to 1,205.31 tons, as on April 5.
Oil up in Asia as Japanese stocks soar
But dismal US jobs report that fell far short of market expectations continued to weigh on sentiment
 "Oil up in Asia as Japanese stocks soar")
Food Min to notify sugar decontrol steps next week
On Apr 4, CCEA had decided to partially decontrol sugar sector, the only industry left under govt control
 "Food Min to notify sugar decontrol steps next week")
Gold moves up on weak US job data
Near-term outlook bullish but long-term sentiment uncertain, say observers
 "Gold moves up on weak US job data")
Loss by Maharashtra coop sugar mills factories to fall Rs 960 cr
Govt on Thusday partially deregulated the levy mechanism on sugar
Short term pressure on sugar prices possible : ICRA
However, in medium to long term, the move is likely to provide flexibility to larger & financially stronger sugar mills to manage inventories and liquidity to capitalise better realisations
 "Short term pressure on sugar prices possible : ICRA")
It will be survival of the fittest: Harshvardhan Patil
Q&A with State Cooperation Minister on his views about the sugar decontrol
 "It will be survival of the fittest: Harshvardhan Patil")
Gold price to hit $1,800 an oz by year-end: GFMS
Gold Survey 2013 anticipates gold price forecast of $1,800 an oz would lead to yet another rise in annual average price
 "Gold price to hit $1,800 an oz by year-end: GFMS")
Sugar mills' net profit to rise 3% on partial decontrol
The govt on Thursday decided to abolish 10% mandatory levy mechanism & buy sugar from the open market for selling it at subsidized rate through PDS
Potato falls almost 3% on low demand
Prices extended losses as traders reduced their positions
 "Potato falls almost 3% on low demand")
Cardamom up 0.7% on export demand
Restricted arrivals from producing belts also supported the upside
 "Cardamom up 0.7% on export demand")
Mentha falls 0.6% on weak spor demand
Prices fell due to increased arrivals in the physical markets
 "Mentha falls 0.6% on weak spor demand")
Crude palm oil down 0.6% on subdued demand
Prices fell as speculators booked profits at prevailing levels
 "Crude palm oil down 0.6% on subdued demand")
Crude oil futures up 0.6% on overseas cues
Prices rose as speculators created fresh positions
 "Crude oil futures up 0.6% on overseas cues")
Silver futures down 0.2% on global cues
Prices fell as speculators trimmed their positions